Swadeshi Industries & Leasing Co (BOM:506863) Quick Ratio: 2.03 (As of Mar. 2026) — 35% Below Median

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BOM:506863 Swadeshi Industries & Leasing Co Ltd BOM:506863
45 GF Score
Price ₹90.30
! 3 Warning Signs
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What is Swadeshi Industries & Leasing Co Quick Ratio?

Swadeshi Industries & Leasing Co BOM:506863 +5.00% 45 Quick Ratio is 2.03 as of Mar. 2026, which is 35% below its 10-year median of 3.10. GuruFocus rates BOM:506863 with a GF Score™ of 45/100. The stock has 3 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Swadeshi Industries & Leasing Co ranks better than 75.58% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Swadeshi Industries & Leasing Co's quick ratio for the quarter that ended in Mar. 2026 was 2.03.

Swadeshi Industries & Leasing Co has a quick ratio of 2.03. It generally indicates good short-term financial strength.

The historical rank and industry rank for Swadeshi Industries & Leasing Co's Quick Ratio or its related term are showing as below:

BOM:506863' s Quick Ratio Range Over the Past 10 Years
Min: 1.35   Med: 3.1   Max: 7.85
Current: 2.03

During the past 13 years, Swadeshi Industries & Leasing Co's highest Quick Ratio was 7.85. The lowest was 1.35. And the median was 3.10.

BOM:506863's Quick Ratio is ranked better than
75.58% of 1069 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11 vs BOM:506863: 2.03

Swadeshi Industries & Leasing Co  (BOM:506863) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Swadeshi Industries & Leasing Co Quick Ratio Related Terms


Swadeshi Industries & Leasing Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Swadeshi Industries & Leasing Co's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Swadeshi Industries & Leasing Co Quick Ratio Chart

Swadeshi Industries & Leasing Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.85 5.97 3.86 7.17 2.03

Swadeshi Industries & Leasing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.17 0.00 1.22 1.76 2.03

Swadeshi Industries & Leasing Co Quick Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Swadeshi Industries & Leasing Co's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Swadeshi Industries & Leasing Co Quick Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Swadeshi Industries & Leasing Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Swadeshi Industries & Leasing Co's Quick Ratio falls into.


BOM:506863
45GF Score
Swadeshi Industries & Leasing Co Ltd BOM:506863
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Swadeshi Industries & Leasing Co Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Swadeshi Industries & Leasing Co's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(293.632-6.5)/141.623
=2.03

Swadeshi Industries & Leasing Co's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(293.632-6.5)/141.623
=2.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 2.03 mean?
Swadeshi Industries & Leasing Co (BOM:506863) has a Quick Ratio of 2.03 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Swadeshi Industries & Leasing Co and its competitors. This is 35% below median its historical median of 3.10. Over the past decade, Swadeshi Industries & Leasing Co's Quick Ratio has ranged from 1.35 to 7.85. According to the industry distribution chart, Swadeshi Industries & Leasing Co ranks #261 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 24.4%.
Is Swadeshi Industries & Leasing Co's Quick Ratio too high?
Swadeshi Industries & Leasing Co's current Quick Ratio of 2.03 is 35% below median its 10-year median of 3.10. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 7.85. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Swadeshi Industries & Leasing Co's value of 2.03 is 82.9% above this industry median. Based on the distribution chart, Swadeshi Industries & Leasing Co ranks #261 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Swadeshi Industries & Leasing Co has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Swadeshi Industries & Leasing Co's Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Swadeshi Industries & Leasing Co ranks #261 out of 1069 companies for Quick Ratio. This places Swadeshi Industries & Leasing Co in the top 24% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.11. Swadeshi Industries & Leasing Co's value of 2.03 is 82.9% above this benchmark. Historically, Swadeshi Industries & Leasing Co's own Quick Ratio has ranged from 1.35 to 7.85 over the past decade. While the company's 10-year median is 3.10 vs. the industry median of 1.11, Swadeshi Industries & Leasing Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,069 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Swadeshi Industries & Leasing Co's current Quick Ratio of 2.03 is 82.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Swadeshi Industries & Leasing Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swadeshi Industries & Leasing Co's current Quick Ratio is 2.03, which is 35% below median its own 10-year median of 3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swadeshi Industries & Leasing Co stock overvalued right now?
Swadeshi Industries & Leasing Co (BOM:506863) has a current Quick Ratio of 2.03. The current Quick Ratio is 2.03, which is 35% below median its 10-year median of 3.10 and 82.9% above the Manufacturing - Apparel & Accessories industry median of 1.11. Swadeshi Industries & Leasing Co's overall GF Score™ is 45/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Swadeshi Industries & Leasing Co (BOM:506863), the current Quick Ratio is 2.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Swadeshi Industries & Leasing Co Business Description

Address Western Express Highway, 117, V.Mall Thakur Complex, Kandivali East, Mumbai, MH, IND, 400101
Swadeshi Industries & Leasing Co Ltd is engaged in the trading of various items. It manufactures and sells PET preforms in India.
45GF Score

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